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Philip Davis

Office Hours

Monday 10.30-11.30

Wednesday 14.30-15.30

Profile:

A senior economist (25 years' experience) and research manager, Full Professor of Economics and Finance, previously Senior International Financial Adviser in the Financial Intermediaries Division at the Bank of England and Deputy Head of Stage Two Division at the European Monetary Institute, Frankfurt. Also Visiting Fellow, National Institute of Economic and Social Research; Research Associate. Financial Markets Group, London School of Economics;  Research Fellow, Pensions Institute, Cass Business School, City University, London; Associate Fellow, Royal Institute of International Affairs, member of European Shadow Financial Regulation Committee.

Research interests:

Pension funds/retirement income provision (see "Pension Funds, Retirement Income Security and Capital Markets", OUP, 1995); Financial instability (see "Debt, financial fragility and systemic risk", OUP, 1992/5); Economics of financial institutions (particularly banks and institutional investors) (see "Institutional Investors", MIT Press, 2001);
Financial Structure and Development (see "Financial Structure", Cambridge, 2003); Euromarkets; Financial regulation; Application of industrial economics to financial markets; Monetary aspects of securities markets and asset prices; Economics of financial centres; Portfolio modelling; Consumption; EMU.

Selected recent and forthcoming publications:

Madsen J and Davis E P (2005), "Equity prices, productivity growth and the "new economy"", forthcoming, Economic Journal

Byrne J and Davis E P (2004), "Permanent and temporary inflation uncertainty and investment in the United States", Economics Letters, 85, 271-277

Byrne J and Davis E P (2003), "Financial structure", Cambridge University Press

Byrne J and Davis E P (2003). "Disaggregate Wealth and aggregate consumption: an investigation of empirical relationships for the G7", Oxford Bulletin of Economics and Statistics, 65, 197-220

Davis E P and Stone M (2004), "Corporate Financial Structure and Financial Stability",  Journal of Financial Stability, 1, 65-91

Courses:

EC5004 MSc Securities Investment Analysis (Institutional Investment)
EC5007 MSc Money and Banking (Banking Economics)

Personal webpage:  www.ephilipdavis.com

Emails: e_philip_davis@msn.com and philip.davis@brunel.ac.uk

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